Reduced Price! $950,000 for a 2002 Learjet 31A: Your Opportunity to Own a jet for less than $1m

For those who know jets, the Learjet 31A needs no introduction.

It’s fast. It’s sleek. It climbs like a rocket and cruises like a bullet. And now, for a limited time, one of the most legendary light jets in business aviation is available for just $950,000—a significant reduction that makes this aircraft one of the best buys in its class.

If you’ve ever dreamed of owning a high-performance private jet, or you’re looking to expand your aviation business, this may be the deal that takes you from “thinking about it” to taking off.

Let’s break down why this 2002 Learjet 31A is not just a jet—but a serious opportunity.

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The Aircraft: 2002 Learjet 31A

Produced by Bombardier under the prestigious Learjet brand, the 31A is widely recognized for its combination of speed, altitude capability, and reliability. This particular 2002 model represents one of the final evolutions of the 31 series before production ended—making it both highly refined and increasingly rare.

Key Specs:

• Engines: 2 Honeywell TFE731-2 turbofans

• Max Cruise Speed: 460 knots (528 mph)

• Range: Approximately 1,400–1,600 nautical miles (with reserves)

• Max Altitude: 51,000 feet

• Takeoff Distance: ~3,490 ft at max weight

• Cabin Configuration: 6–8 passengers, club seating layout

• Avionics Suite: Honeywell Primus 1000 integrated flight deck

This aircraft is fast, efficient, and made for operators who value time—and know how much time is worth.

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Why the Learjet 31A Still Commands Respect

Unlike many light jets that sacrifice speed or altitude for fuel efficiency, the Learjet 31A delivers all three. It climbs to 41,000 feet in under 30 minutes and cruises above commercial traffic, where turbulence is minimal and efficiency is maximized.

It’s a favorite among corporate flight departments, owner-operators, and air charter businesses for one simple reason: it gets you and your clients where they need to go—fast.

In fact, the 31A’s performance profile outpaces many larger and more expensive jets from the same era.

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Business Meets Value: Why $950,000 Is a Steal

Let’s be clear—owning a jet comes with real costs. But at under $1 million, this Learjet opens the door to high-level business aviation at a price point previously reserved for turboprops or fractional shares.

Compare the numbers:

You’re getting Learjet speed and brand prestige—at a fraction of the usual cost.

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Ideal for Entrepreneurs, Charter Startups, and Owner-Pilots

This Learjet is perfect for:

• Aviation entrepreneurs launching or expanding a Part 135 charter operation

• Real estate developers or CEOs who travel regularly between regional cities

• Pilot-owners looking to step up from turboprops or light piston twins

• Flight schools offering jet transition training or turbine time-building programs

If you’re currently spending $150,000–$250,000 per year on charter flights or fractional ownership, the math quickly begins to favor outright ownership—especially with acquisition costs this low.

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Avionics and Upgrade Potential

Equipped with the Honeywell Primus 1000 system, the jet features a modern, integrated flight deck that many pilots still praise for its simplicity and functionality.

However, buyers with an eye toward value-adding upgrades can explore options like:

• ADS-B Out compliance (if not already installed)

• Wi-Fi connectivity

• Interior refresh (leather seating, upgraded trim)

• Paint respray or branding for charter service

Whether you want to fly it as-is or refit and relaunch, this aircraft provides an excellent foundation.

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Tax Advantages and Depreciation Incentives (2025 Outlook)

With potential for bonus depreciation under Section 179 of the tax code (subject to current regulations), qualified business owners may be able to write off a significant portion of the purchase cost—sometimes up to 100% in the first year.

This could turn your aircraft acquisition into a powerful tax strategy, especially if used in a charter, sales, or business development role.

As always, consult your CPA or aviation tax specialist for tailored advice.

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Final Thoughts: This Jet Is Ready to Move—Are You?

Aircraft like this don’t last long on the market—especially at reduced pricing under the $1 million mark.

For pilots and aviation investors alike, the 2002 Learjet 31A is a proven, reliable, high-performing aircraft that delivers serious capability for an unbeatable price.

Whether you’re scaling your business, launching a charter service, or upgrading your travel lifestyle, this is the jet that gets you there—without the $3 million price tag.

Current Asking Price: $950,000
Location: Gwinnett county airport Lawrenceville GA (KLZU)
Broker Contact: Mike. 770-299-9113. mike@mojogrip.net

Available For Immediate Inspection & Delivery

Serious buyers should inquire directly to schedule a viewing, request logbooks, and begin pre-purchase inspection discussions.